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September 01, 2020 10:18am
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Oil ETFs Surge To One-Month High, Is A Big Rally Ahead?

While the broader market was stumbling Tuesday, energy-related exchange traded funds surged, with crude oil rising to a one-month high after an expected tighter oil supply outlook next year. The Energy Select Sector SPDR (NYSEArca: XLE) gained 1.7% Tuesday. Meanwhile, the United States Oil Fund...
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